Oil hovers near $100 amid Iran tensions Jakarta Post | Crude prices were steady Friday amid a weaker US dollar and expectations that Europe will be able to find oil elsewhere if Iran makes good on its threat to immediately halt exports to the region. | Benchmark crude for March delivery was down 12 US cents at US$99.59 a barrel at late afternoon Bangk...
How an embargo of Iranian oil could affect markets The Boston Globe | NEW YORK-The U.S. and Europe are trying to stop Iran, the world's third-biggest oil exporter, from selling crude. Iran's response is to threaten to disrupt shipments from the entire Middle East. | Yet oil prices have hardly budged. They're at $98.95, up just 12 cents since the start of year. | Jus...
Oil price waver on Persian Gulf supply concerns Lexington Herald-Leader | Oil prices moved in a narrow range Friday as Iran prepared to consider a ban on crude sales to European Union countries. | Iranian leaders are scheduled to debate the ban Sunday in response to EU plans to embargo Iran's oil by summer because of tha...
Geithner presses Europe to increase crisis firewall The Guardian * Says IMF could play constructive role if Europe boosts firewall * Bankers who met Geithner say U.S. seeks 1.5 trillion euro fund * Sees U.S. growth at around 2-3 pct * Sees signs China support on cutting Iran oil exports * Doesn't expect to remain ...
Oil price waver on Persian Gulf supply concerns The State | Oil prices moved in a narrow range Friday as Iran prepared to consider a ban on crude sales to European Union countries. | Iranian leaders are scheduled to debate the ban Sunday in response to EU plans to embargo Iran's oil by summer because of tha...
Oil price waver on Persian Gulf supply concerns The Miami Herald | Oil prices moved in a narrow range Friday as Iran prepared to consider a ban on crude sales to European Union countries. | Iranian leaders are scheduled to debate the ban Sunday in response to EU plans to embargo Iran's oil by summer because of tha...
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Oil extends gains as EU bans Iranian crude The Guardian SINGAPORE, Jan 24 (Reuters) - U.S. crude futures extended gains in early Asian trade on Tuesday due to concerns over supply after the European Union agreed to ban imports of Irania...
Asian stocks rise on hopes of Greek debt deal The State | BANGKOK - Asian stock markets mostly rose Tuesday, shrugging off tough negotiations between Greece and its creditors amid expectations a deal to cut the country's debt mountain w...
Panetta: US 'fully prepared' for an Iran challenge Lexington Herald-Leader | WASHINGTON — The U.S. military is now "fully prepared" to deal with any Iranian effort to close the Strait of Hormuz, a vital Persian Gulf avenue for internationa...
Oil price rises on Persian Gulf supply concerns Springfield News-Sun | Oil prices are rising as Iran prepares to consider a ban on crude sales to European Union countries. | Benchmark crude rose 51 cents to $100.21 per barrel Friday morning in New York. Brent crude rose $1.04 to $111.83 per barrel in London. | Iranian...
Iran could ban EU oil exports next week: Lawmaker The Times Of India TEHRAN: A law to be debated in Iran's parliament on Sunday could halt exports of oil to the European Union as early as next week, the semi-official Fars news agency quoted a lawmaker as saying on Friday. | "On Sunday, parliament will have to approve ...
Arab stocks rally on annual earnings, receding eurozone crisis m&c | Amman - Most Arab stock markets scored gains this week, buoyed by annual earnings, dividend distributions and efforts under way to come to grips with the eurozone debt crisis, financial analysts said Friday. | The regional rally was led by Egyptian...
Gold edges lower as euro zone fears ease Business Day | Gold drifted lower on Friday as fears about the health of the global economy abated after successful debt sales by Spain and Italy encouraged investors to put their money in riskier assets. | Spot gold fell as much as nearly 1% to an intra-day low of $1 634,34 an ounce, before paring some losses after the euro resumed a rally and the dollar weake...
How an embargo of Iranian oil could affect markets The Boston Globe | NEW YORK-The U.S. and Europe are trying to stop Iran, the world's third-biggest oil exporter, from selling crude. Iran's response is to threaten to disrupt shipments from the entire Middle East. | Yet oil prices have hardly budged. They're at $98.95, up just 12 cents since the start of year. | Just a year ago, uprisings in far less important oil-...